Royal Dutch Shell Group .com Rotating Header Image

REUTERS: Russia’s Putin to meet Shell CEO on Thursday: Kremlin

FILE PHOTO: Russian President Vladimir Putin (L) meets with Ben van Beurden, CEO of Royal Dutch Shell company, in Moscow, Russia June 21, 2017. REUTERS/Sergei Karpukhin/File Photo

JULY 18, 2019

ST PETERSBURG (Reuters) – Russian President Vladimir Putin will meet Royal Dutch Shell Chief Executive Ben van Beurden in St Petersburg later on Thursday, Kremlin aide Yuri Ushakov said.

Ushakov did not say what the two men would talk about. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Bloomberg: Oil Giants Note — Nigeria Now Has a Chance to Open Its Fields

Bloomberg: Oil Giants Note — Nigeria Now Has a Chance to Open Its Fields

By Dulue Mbachu and Tope Alake: 16 July 2019, 05:00 BST

*Buhari’s parliamentary control could speed passage of reforms

*Oil majors want favorable fiscal terms to explore deep waters

Investors’ 11-year wait for the Nigerian government to open up Africa’s biggest crude industry may be over.

An overhaul of oil policy that’s been in the works for more than a decade is among a raft of laws President Muhammadu Buhari could steer through parliament in his second term to help drive investment in the oil-dependent economy. The delays cost an estimated $15 billion a year in lost funding for the industry over the past decade, according to the Petroleum Ministry. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Dutch prosecutors investigate whether small gas fields exceed output limits

AMSTERDAM, July 12 (Reuters) – Dutch prosecutors said on Friday they were investigating whether producers at some of the country’s small gas fields had exceeded the amount they were licensed to produce.

Gas production limits have become a sensitive issue in the Netherlands as the country tries to reduce production at its large Groningen gas field that has caused damaging earthquakes.

Prosecution spokeswoman Marieke van der Moolen confirmed a report by regional broadcaster RTV Drente that investigations in several locations were ongoing and were taking place in collaboration with the country’s State Supervisor of Mines. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell: Security Remains Major Challenge in N’Delta

By Emmanuel Addeh in Yenagoa 12 July 2019: — Shell Petroleum Development Company of Nigeria Limited (SPDC) has said security remains a major challenge occasioned by continuing crude oil theft and vandalism of oil and gas facilities in parts of the Niger Delta.

SPDC’s General Manager, External Relations, Igo Weli, who spoke in Yenagoa, Bayelsa State, at the media launch of the 2019 edition of the Shell in Nigeria Briefing Notes, an annual publication detailing the activities of the business interests of the global energy giant, noted that the illegal activities result in the loss of 11,000 Barrels Per Day of crude oil. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Is Shell’s Latest Blockchain Venture A Gamechanger?

By Irina Slav– Jul 11, 2019, 3:00 PM CDT

Shell has furthered its stated commitment to cleaner electricity by investing in a U.S startup that has developed a blockchain-based platform for energy sharing.

The startup, LOW3 Energy, saidin a press release earlier this week that Shell Ventures and Japanese Sumitomo had made “major investments” in its platform, which “represents a landmark moment for LO3 Energy as we begin to scale our blockchain-based energy networks around the world,” according to chief executive Lawrence Orsini. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Oil majors evacuate U.S. Gulf platform staff before storm

JULY 9, 2019 / 10:58 PM

HOUSTON (Reuters) – Major U.S. oil producers on Tuesday began evacuating and shutting in production at their deepwater Gulf of Mexico platforms in advance of a tropical disturbance expected to become a storm this week.

A tropical depression is expected to form late on Wednesday or Thursday, according to the National Hurricane Center, and move westward across the northern Gulf of Mexico, home to dozens of oil and gas producing facilities.

Chevron Corp (CVX.N), Royal Dutch Shell Plc (RDSa.L), BP Plc (BP.L) and BHP (BHP.AX) are removing staff from 15 offshore energy platforms, according to company statements. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell entered Japan’s open electricity market in March: spokeswoman

JULY 5, 2019

TOKYO (Reuters) – Royal Dutch Shell started selling electricity to business customers in Japan in March, relying on its experiences in North America and Europe to expand its market presence, a spokeswoman for its Japan unit said on Friday.

The Nikkei business daily reported earlier on Friday that Shell is considering residential electricity sales in the future, but the spokeswoman said such a decision has not been made.

“The Japanese electricity market is attractive for Shell as the market’s liberalization is progressing,” she said, but declined to give any numerical business targets. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

German Refinery Halts Russian Oil Imports Again On Poor Crude Quality

Just days after Russia said it had fully resumed oil flows to Europe via the Druzhba pipeline after a major disruption in supplies due to crude contamination in April, a Shell oil refinery in Germany halted imports via the pipeline because, again, slightly higher concentration of organic chlorine was found in the crude, a Shell spokesman told Germany business daily Handelsblatt on Friday.

At the end of April, Russia halted supplies via the Druzhba oil pipeline to several European countries due to a contamination issue, which the Russians said was deliberate. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

UK: Shell installs its first ultra-rapid charger in London

Electrive

UK: Shell installs its first ultra-rapid charger in London

Jul 4, 2019

Shell has installed a 150 kW ultra-rapid EV charger at a petrol station in Battersea, south London. The charger is now available for public use alongside the already existing 50 kW rapid chargers from Allego.

The charger is part of the Shell Recharge service. The 150kW charger has been installed alongside the station’s existing 50kW rapid chargers. Maker and operator Allego will continue to maintain and service the chargers which make up Shell Recharge.

Allego’s chief executive Anja van Niersen welcomed the installation, stressing that “electric vehicle drivers want the right charging solution at the right place, to be always available and combined with excellent services. Shell Recharge shows how these wishes can be met.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Royal Dutch Shell plc: Board Committee Changes 1st July 2019

PR Newswire

THE HAGUE, NetherlandsJuly 1, 2019 /PRNewswire/ — Royal Dutch Shell plc (the “Company”) (RDS-A) (RDS-B) announces the following changes to the membership of the Board Committees:

AUDIT COMMITTEE

Ann Godbehere, a Non-executive director, has been appointed Chair of the Audit Committee with effect from July 1, 2019. Ann succeeds Euleen Goh in this role following confirmation from Euleen that she will stand down from this committee, on June 30, having served as a Committee member since September 2014, and Chair of this committee since January 2016.

NOMINATION AND SUCCESSION COMMITTEE

Euleen Goh, a Non-executive Director, has been appointed a member of the Nomination and Succession Committee, with effect July 1, 2019. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell, Exxon Mobil eye re-entry into Somalia’s upstream sector

JUNE 28, 2019

LONDON (Reuters) – Royal Dutch Shell (RDSa.L) and Exxon Mobil (XOM.N) are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country’s oil ministry said in a statement.

Shell and Exxon Mobil had a joint venture there prior to the toppling of dictator Mohamed Siad Barre in the early 1990s.

Somalia has been mired in insecurity since Barre left and is battling Islamist group al Shabaab that frequently carries out bombings in the capital Mogadishu and elsewhere in the country. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Pieridae to buy Shell Canada gas assets for C$190 mln

By Nia Williams: JUNE 26, 2019 / 10:37 PM

CALGARY, Alberta, June 26 (Reuters) – Canada’s Pieridae Energy will buy gas assets in Alberta from Royal Dutch Shell for C$190 million ($144.77 million), Pieridae said on Wednesday, securing supply for its planned liquefied natural gas plant in eastern Canada.

The deal will consist of all of Shell’s midstream and upstream assets in the southern Alberta Foothills area, which produce 29,000 barrels of natural gas, natural gas liquids and condensate. Pieridae is also buying three sour gas plants. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell’s lead in bidding for Dutch Eneco increases as Enel, Total drop out: sources

Clara Denina, Stephen Jewkes, Toby Sterling: JUNE 24, 2019 / 4:43PM

LONDON (Reuters) – A domestic consortium set up by Royal Dutch Shell and pension fund manager PGGM has taken a bigger lead in the race for Dutch energy company Eneco as two other contenders have dropped out, sources close to the matter said.

French oil and gas company Total SA and Italy’s electricity giant Enel, which had teamed up with Dutch pension fund manager APG, have both withdrawn their non-binding offers, said the sources.

One of the sources added that APG was now looking for a new partner.

Infrastructure fund Macquarie and Japan’s biggest trading house Mitsubishi Corp are also still in the race for the company estimated by analysts to be worth about 3 billion euros ($3.4 billion), sources said. One said French nuclear energy utility EDF had also made a non-binding offer. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell explains why it withdrew from Baltic LNG project with Gazprom

After Shell’s exit from the project, Gazprom reported that they were considering technologies of Shell and Germany’s Linde AG for the LNG integrated complex project in Ust-Luga

OIL& GAS INDUSTRY: 24 JUN, 14:39

ST.PETERSBURG, June 24. /TASS/. Shell decided to withdraw from the Baltic LNG project because it does not agree with the change in its concept, Cederic Cremers, Shell Russia Chairman, told TASS on the sidelines of the forum of future leaders of the World Petroleum Council.

“The reason is that we don’t believe into an integrated concept. We were discussing the initial concept which was to separate LNG project from the chemical plant. That was the concept that we believed would be properly technical and economically investable. So that is why we decided to exit because we don’t have the same view on the integrated development,” he explained. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Wood finishes work on Shell solar plant

Work on Shell’s first solar plant in the Netherlands is complete, according to engineering and construction firm Wood.

The Moerdijk Solar PV Plant is a 27 megawatt (MW) development near the city of Breda.

The new plant holds 76,000 solar PV panels and is one of the country’s largest facilities.

Wood, who acted as Shell’s engineering contractor throughout the project, provided Shell’s clean energy team with “technical procurement expertise” during the 16-month contract. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Tokyo Gas reaches agreement with Shell for the supply of carbon neutral LNG

Published by , Editor LNG Industry,

Tokyo Gas Co., Ltd has announced that it has executed a master agreement with Shell Eastern Trading (Pte) Ltd for the supply of carbon-neutral LNG. This is a first for Japan.

Under this agreement, with regard to the supply of carbon-neutral LNG, Shell’s carbon credits will reportedly be used to compensate the full carbon dioxide emissions generated – from exploring for and producing the natural gas to use by the final consumer. Tokyo Gas claims that the carbon credits are bought by Shell from a global portfolio of nature-based projects, and each carbon credit is subject to a third-party verification process.

By receiving the supply of carbon-neutral LNG, Tokyo Gas claims that it will strengthen its effort towards a low carbon society, as well as providing a new low carbon product. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Dutch court orders Shell to pay $2.8 million fine for 2014 plant blast

JUNE 17, 2019 / 2:17 PM

AMSTERDAM (Reuters) – A Dutch court on Monday ordered Royal Dutch Shell to pay a 2.5 million euro ($2.8 million) fine for failing to prevent an explosion at its Moerdijk facility in 2014 and for breaching emissions limits at the plant.

The district court in Den Bosch said Shell had not done enough to prevent an incident on June 3, 2014 which resulted in a series of explosions and a large fire at the Moerdijk chemical plant.

“The factory, employees, the surroundings and the environment were subject to great danger that day”, the court said. “This justifies a significant punishment.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell to invest up to $2.4 billion in Mexican deepwater oil projects

JUNE 14, 2019 / 2:01 AM

MEXICO CITY (Reuters) – Mexico’s oil regulator on Thursday approved exploration plans for four deepwater areas operated by Royal Dutch Shell , after it gave the green light to five others earlier this week, committing the oil major to invest at least $791 million.

The plans stipulate that the Anglo-Dutch company could invest up to $1.06 billion in the four blocks, mostly dedicated to drilling at least six new wells.

One of the blocks is in the Perdido Fold Basin, which straddles the U.S.-Mexico maritime border in the Gulf of Mexico, while the other three are further south in the Salina Basin. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Dutch lawmakers step up tax demands on multinationals, including Shell

Parliamentarians voted on Tuesday to establish an expert commission to examine how to make taxing multinationals “more fair” after Netherlands-based Shell recently acknowledged it had paid virtually no Dutch corporation tax in 2018. Royal Dutch Shell refused to release details of its unique advance tax ruling with the Dutch government at a recent hearing of a parliamentary panel on taxation.

By John O’Donnell and Toby Sterling

THE HAGUE (Reuters) – Dutch lawmakers have launched an inquiry into how to make multinationals pay their fair share of tax, after public criticism that government reforms do not go far enough.

Scores of multinationals use the Netherlands to pare their tax bills but the Dutch, who bore tax hikes after the financial crisis, are growing increasingly hostile to minimising company tax, which is legal and has gone unchallenged for decades.

Parliamentarians voted on Tuesday to establish an expert commission to examine how to make taxing multinationals “more fair” after Netherlands-based Shell recently acknowledged it had paid virtually no Dutch corporation tax in 2018. Royal Dutch Shell refused to release details of its unique advance tax ruling with the Dutch government at a recent hearing of a parliamentary panel on taxation. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell agrees to sale of Martinez Refinery

NEWS PROVIDED BY Shell: Jun 11, 2019, 16:15 ET

HOUSTON, June 11, 2019 /PRNewswire/ — Equilon Enterprises LLC d/b/a Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell plc announced it has reached an agreement for the sale of Shell’s Martinez Refinery in California to PBF Holding Company LLC, a subsidiary of PBF Energy, Inc., for $1.0 billion consideration plus the value of hydrocarbon inventory, crude oil supply and product offtake agreements, and other adjustments.  read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell to invest at least $397 million in Mexican deepwater oil projects

JUNE 11, 2019 / 6:57 PM

MEXICO CITY (Reuters) – Mexico’s independent oil regulator on Tuesday approved deepwater exploration plans for five areas operated by Royal Dutch Shell Plc in Mexican waters near the U.S. maritime border.

The plans commit the Anglo-Dutch oil major to invest at least $397 million over the next four years, but if the drilling proves successful it could grow to some $1.3 billion, according to the regulator, known as the National Hydrocarbons Commission, or CNH. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Eat seasonally and recycle more to cut emissions, says Shell

Royal Dutch Shell has issued a plea to companies across different sectors of the economy to work with it on plans to reduce their carbon emissions to “net zero”.

Ben van Beurden, chief executive of Europe’s biggest oil company, said that the airline and shipping industries were among the sectors being targeted initially for a “climate coalition”.

In a speech to The Times CEO Summit, Mr van Beurden, 61, also called for action to address unsustainable consumption patterns, citing “consumers who choose to eat strawberries in winter” and a throwaway culture in some industries where recycling could instead be the default. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Gazprom Neft to set up Shell joint venture for Yamal oil field

JUNE 6, 2019 / 2:17 PM

ST PETERSBURG (Reuters) – Russia’s Gazprom Neft said on Thursday it would set up a joint venture with Shell to develop an oil field in Yamal estimated to hold reserves of around 1.1 billion tonnes of oil.

Gazprom Neft, the oil arm of state gas company Gazprom, said it planned to close the deal late this year or early next and that both it and Shell would hold 50% stakes in the joint venture.

Reporting by Olesya Astakhova; writing by Tom Balmforth; editing by Jane Merriman

SOURCE

LATER VERSION JUNE 6, 2019 / 3:49 PM

Russia’s Gazprom Neft, on JV with Shell, says field not under sanctions

ST PETERSBURG, June 6 (Reuters) – Russian oil producer Gazprom Neft’s CEO Alexander Dyukov said reserves held in a field which it is looking at as part of a joint venture with Shell were not under Western sanctions.

Speaking on the sidelines of Russia’s flagship economic forum in the city of St Petersburg, Dyukov said that financing for the joint venture with Shell would be split evenly.

(Reporting by Olesya Astakhova; writing by Tom Balmforth; editing by Maria Kiselyova) read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

‘I agree’ with climate protestors, Shell North Sea boss says

A Shell North Sea boss has said he “agrees” with many of the climate campaigners who took to the streets of the UK’s major cities in April.

Steve Phimister, Shell’s UK vice president for upstream, said yesterday during Oil and Gas UK’s (OGUK) industry conference that he thinks the country needs to take decisive action on the issue of climate change.

But he added that it did not include “abandoning” oil and gas.

Mr Phimister claimed he “agrees with the view from the climate protestors” of the need to move to a net zero carbon target “quickly”.

He added: “I understand why these activists were calling for this change, and it would be easy to assume that we all and those folk are on the opposite side of the conversation, but I don’t see it that way. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell CEO Tries Luring Nervous Investors Back to Big Oil

With generous dividends and buybacks—and talk of cleaner energy—Royal Dutch Shell looks to boost interest in its shares read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell investors in line for £99bn windfall as oil giant’s boss announces fresh strategy for ‘energy transition’ to greener tech

Shell is to return $125bn over five years through dividends and share buybacks

That’s more than double the $52bn handed between 2011 and 2015

Energy group expects new projects will generate $35billion

Shares in Royal Dutch Shell fell despite the oil and gas giant revealing plans to return $125billion (£99billion) to shareholders over five years through dividends and share buybacks.

This is more than double the $52million (£41billion) handed to shareholders between 2011 and 2015.

Shell said it expects to pay for that with money from new projects, which it expects will generate $35billion, assuming oil remains priced at $60 per barrel. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell plans to boost returns and become a force in power

Shell plans to boost returns and become a force in power

Ron Bousso: JUNE 4, 2019 LONDON (Reuters) – Royal Dutch Shell outlined plans on Tuesday to boost shareholder returns after 2020, while also increasing spending on oil, gas and power, as it capitalizes on years of cost cutting to prepare for a lower carbon future.

In a strategy update, the Anglo-Dutch energy company said it was on track to deliver on its commitment to sharply increase cash generation and carry out one of the world’s largest share buyback programs of $25 billion by the end of next year.

It then plans to increase payouts to investors through dividends and share buybacks to $125 billion between 2021 and 2025, roughly half of its current market value. That compares with payouts of around $90 billion between 2016 and 2020.

While offering sweeteners to investors, Shell also outlined plans to increase spending in the next decade to grow its gas, oil, renewables and power output. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Vows Not To Return Pumping Oil In Troubled Nigerian Region

Earlier this month, a Dutch court ruled that it had the jurisdiction and would hear a damages lawsuit against Shell brought by the widows of activists executed by Nigeria’s government after the protests in Ogoniland in the 1990s.

By Tsvetana Paraskova May 27, 2019, 4:00 PM CDT

The Nigerian unit of Royal Dutch Shell doesn’t have any plans to return to exploring or producing oil in Ogoniland in Nigeria’s Rivers state after it ceased operations there in the 1990s, Igo Weli, General Manager, External Relations, at the Shell Petroleum Development Company (SPDC) said this weekend at the release of Shell Nigeria’s 2019 Briefing Notes.

SPDC, as operator of the SPDC Joint Venture, carried out exploration and production operations in Ogoniland from the 1950s until the early 1990s. Production ceased in 1993 following a rise in violence, threats to staff, and attacks on facilities, Shell said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell sees significant oil discovery in Albania

Benet Kolek: MAY 24 2019

TIRANA (Reuters) – Shell Upstream Albania B.V. said on Friday initial tests showed “a flow potential of several thousand barrels of oil per day” from its Shpirag 4 well in central Albania, and it needed more work to determine its commercial volume.

“We are pleased that these initial tests have confirmed the potential of this discovery and look forward to growing our business in Albania,” Marc Gerrits, Shell’s Executive Vice-President of Exploration, said.

The Shpirag 4 well west of Berat had confirmed the flow potential of a significant light oil discovery, it added. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Dutch government to review Groningen gas plans after latest quake

By: , SA News Editor: 22 MAY 2019

A 3.4 magnitude earthquake has hit the northern Dutch region of Groningen in the latest in a series of tremors blamed on decades of gas extraction.

The Dutch government says it will decide in the coming weeks whether the quake should lead to a change in plans to end production from the Groningen field by 2030.

The government has pledged to end production from the field by 2030 and to lower it as quickly as possible in coming years; output is set to fall to 19.4B cm in the year through October 2019, down from a peak of 54B cm in 2013. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Carbon-Capture Plant Hits 4 Million Ton Milestone Early

By Kevin Orland: 23 May 2019, 12:00 BST

*Canadian project has seen better-than-expected reliability

*Adviser sees more activity in carbon-utilization projects

A Royal Dutch Shell Plc-operated carbon capture and storage project in Canada has hit a milestone of sequestering 4 million tons of carbon dioxide about six months ahead of schedule and at a lower cost than estimated, helped by better-than-expected reliability.

The Quest facility, which sequesters emissions from the Scotford Upgrader near Edmonton, Alberta, started up in November 2015 and has since run ahead of its target of capturing 1 million tons of carbon a year, said Anne Halladay, a geophysicist who has been an adviser on the project since it was in construction in 2014. That performance has been driven by less unplanned maintenance than projected and more efficient performance, including less chemical usage, she said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell starts production at Appomattox in the Gulf of Mexico

PR Newswire:

HOUSTON, May 23, 2019 /PRNewswire/ — Royal Dutch Shell plc, through its subsidiary Shell Offshore Inc (Shell) announces today that production has started at the Shell-operated Appomattox floating production system months ahead of schedule, opening a new frontier in the deep-water US Gulf of Mexico. Appomattox, which currently has an expected production of 175,000 barrels of oil equivalent per day (boe/d), is the first commercial discovery now brought into production in the deep-water Gulf of Mexico Norphlet formation.

“That Appomattox was safely brought online ahead of schedule and far under budget is a testament to our ongoing commitment to drive down costs through efficiency improvements during execution,” said Andy Brown, Upstream Director, Royal Dutch Shell. “Appomattox creates a core long-term hub for Shell in the Norphlet through which we can tie back several already discovered fields as well as future discoveries.”

Appomattox is a story of efficiency through innovation. By way of optimised development planning, better designs and fabrication, and expert drilling execution, Appomattox has realised cost reductions of more than 40% since taking final investment decision in 2015. The start of production at Appomattox is only just the beginning of further maximising the flow of resources in the prolific Norphlet surrounding Appomattox.

Shell’s global deep-water business has a strong funnel of development and exploration opportunities in Brazil, the US, Mexico, Nigeria, Malaysia, Mauritania, and the Western Black Sea.  Production worldwide is on track to reach more than 900,000 boe/d by 2020 from already discovered, established reservoirs. The company continues to be one of the largest leaseholders in the US deep water and remains one of the most prolific offshore producers of oil and natural gas in the Gulf of Mexico. Shell designs and operates its deep-water projects to be competitive and, since 2014, has reduced its unit development costs and unit operating costs by about 45%.

Cautionary Note

The companies in which Royal Dutch Shell plc

directly and indirectly

owns investments are separate legal entities. In this release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ”Subsidiaries”, “Shell subsidiaries” and “Shell companies” as used in this release refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively.  Entities over which Shell has significant influence but neither control nor joint control read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Launches Its Most Advanced Premium Fuel

Shell V-Power NiTRO+ can be found across the country at roughly 13,000 Shell-branded stations. 21 MAY 2019

HOUSTON — Shell Oil Co. debuted its latest premium gasoline, Shell V-Power NiTRO+, at forecourts across the United States on May 20.

The new formulation is engineered with four levels of defense against gunk, wear, corrosion and now friction to help keep engines running like new. According to the company, it is the brand’s most advanced fuel and the result of more than a century of Shell fuels innovation.

Shell V-Power NiTRO+ now includes the brand’s proprietary technology to help reduce friction in your engine and improve efficiency, furthering the brand’s competitive advantage. It can be found across the country at roughly 13,000 Shell-branded stations. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell reveals only its gas subsidiary paid Dutch corporate tax in 2018

MAY 21, 2019 / 2:51 PM

THE HAGUE (Reuters) – Royal Dutch Shell revealed on Tuesday that in 2018 only its gas subsidiary NAM paid corporate tax in the Netherlands, where it is headquartered, following Dutch parliamentary demands that it attend a hearing on tax avoidance.

“By giving openness before the round table, hopefully room will be created for the conversation to be about the substance,” Shell said, adding that it paid $10 billion in corporate tax globally in 2018 and had an effective tax rate of 33 percent. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell considers plan for Louisiana chemicals plant

|About: Royal Dutch Shell plc (RDS.A)|By: , SA News Editor

Royal Dutch Shell (RDS.A, RDS.B) subsidiary Shell Chemical reportedly is advancing feasibility studies for a potential $1.2B expansion of monoethylene glycol production at its Geismar, La., chemicals complex.

As part of the project, Shell would build an MEG plant at the site that it could approve as early as 2020, pending final engineering, design and investment decisions, according to the Louisiana Economic Development. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell in court over Moerdijk blast, faces maximum fine of €2.4m

MAY 15, 2019

The public prosecution department says Shell should pay the maximum fine of €2.4m for the explosion on the Moerdijk industrial estate in 2014 and a further €250,000 for not taking immediate action to halt the leak of a dangerous gas in 2016.

Shell should pay the maximum fine for the explosion because it had not done all it could to prevent the blast taking place, placing both workers and local residents in danger, the prosecutor said at a court hearing in Den Bosch on Tuesday. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell to spend $1.5billion on UK decommissioning through to 2025

Shell is expected to spend $1.5bn (£1.152bn) on decommissioning in the North Sea over the next six years, according to a new forecast.

FULL ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Chevron Bows Out Of Anadarko Fight, Oxy Jet Trip Suggests Shell Might Step Up

By Irina Slav – May 09, 2019, 9:30 AM CDT

A report that Occidental Petroleum’s corporate jet traveled to the Hague, one of Shell’s two home towns, has sparked a fresh flare-up of speculation regarding its proposed acquisition of Anadarko, CNBC reports, citing an unnamed source.

The news comes after reports on Thursday suggest that Chevron is bowing out of the fight to acquire Anadarko, despite some analysts thinking that it would up its offer to compete with Occidental’s. Chevron will be entitled to a $1 billion breakup fee per the terms of the original agreement. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Royal Dutch Shell to invest $2 billion per year in Brazil: newspaper

MAY 9, 2019: SAO PAULO (Reuters) – Royal Dutch Shell PLC has plans to invest about $2 billion per year in Brazil through 2025, Chief Executive Ben van Beurden told newspaper Valor Econômico in an exclusive interview.

Its investment plans could be increased to allow the company to bid in three upcoming oil and gas auctions, Valor reported in its Thursday edition based on the interview.

Royal Dutch Shell will not focus exclusively on oil projects, the report said. It is interested in exploring opportunities in natural gas, biofuels and the solar energy sector, Valor said. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Germany makes formal objection to Shell’s Brent decommissioning plans

The German government has made a formal objection to Shell’s plans to decommission the Brent field in the North Sea.

by Allister Thomas and Mark Lammey: 09/05/2019

Shell submitted plans in 2017 which proposed to leave the huge concrete legs of three of the four Brent platforms in place, prompting outcry from environmental groups.

Germany’s environment ministry commissioned a new report on the plans from Aberdeen-based consultancy Scientia et Sagacitas, which has highlighted “major issues” with Shell’s assessments.

The UK and Germany are both part of Ospar, an international agreement with several European countries to protect the marine environment. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Gulf of Mexico about shift in mindset, says Shell VP

By Mark Lammey: 6 MAY 2019

Deep-water Gulf of Mexico has always been about making the impossible possible, according to Rick Tallant, Shell’s vice-president of production for the region.

Now, Shell is trying to make the possible affordable, he said.

Mr Tallant said companies had to do a lot of “soul searching” during the downturn to work out how the industry could survive and compete with Brazil, West Africa and parts of Asia.

A shift in the industry’s mindset and culture was vital in the quest to reinvent itself and get “fit for the future” in the GoM, he said.

Shell spent a lot of time focusing on lowering operating costs and investing more wisely, which meant embracing standardisation, harnessing the local supply chain, and vastly improving performance management. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell pursuing $1B exit from Indonesia LNG project – Reuters

May 3, 2019 9:04 AM ET|About: Royal Dutch Shell plc (RDS.A)|By: , SA News Editor

Royal Dutch Shell (RDS.A, RDS.B) is moving to sell its stake in Indonesia’s $15B Abadi liquefied natural gas project, Reuters reports, part of its ongoing asset disposal program to raise cash to help pay for its $54B purchase of BG Group in 2015.

Shell hopes to raise ~$1B from the sale of its 35% stake in the Abadi project, according to the report.

Project construction was due to start in 2018 but was delayed in 2016 until at least 2020 after Indonesian authorities instructed a switch from an offshore to an onshore facility. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell working hard on ‘best outcome’ for Brent decom, CFO says

Oil giant Shell yesterday cited a “strong start to 2019” and increased pre-tax profits as the reason for implementing a bullish share buyback programme.

The firm announced it intends to repurchase almost £20 billion shares by 2025, with the first tranche expected to see it re-aquire £2.1bn over the next three months.

Shell pre-tax profits rose to £7.2bn for Q1 if this year, compared to £6.3bn over the same period in 2018.

But, by Shell’s own preferred method of reporting it also experienced a 7% drop in statutory earnings and a 2% fall in underlying earnings.

Chief executive Ben van Beurden said the firm had delivered “robust results” despite challenging market conditions. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell not ‘desperate’ to grow US shale despite Anadarko sale: CFO

London — Shell is keen to grow its US shale oil portfolio but does not feel pressured to chase new acquisitions, as Occidental and Chevron battle for control of Anadarko’s Permian-rich upstream assets, Shell Chief Financial Officer Jessica Uhl said Thursday.

Shell doesn’t “need” to do a US shale deal as it already has a strong US portfolio of shale and tight oil, which has further room for volume growth, Uhl said.

“We have significant growth capacity in our existing position and, in that sense, we are not desperate. We don’t need to find new shale exposure … but we like the business,” Uhl told analysts on an earnings call. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell boss hails ‘huge step up’ in North Sea performance

By Mark Williamson: Group Business Correspondent

ROYAL Dutch Shell finance chief Jessica Uhl has hailed a “huge step up” in performance by the company in the North Sea and underlined the fact it sees big potential in the area.

Speaking after Shell became the latest giant to report a fall in profits amid renewed oil price volatility, Ms Uhl made clear the oil giant’s focus in the North Sea has shifted to growth after a period of retrenchment. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Court Rules Against Shell Over Killing of Ogoni Leaders

The court ordered that the case should not be time-barred, while also granting the prayers of the plaintiffs that Shell should hand over the confidential internal documents to the plaintiffs’ lawyers

Lawyer Channa Samkalden, and two Ogoni Nine widows, Esther Kiobel (centre) and Victoria Bera (right) in the Dutch Court

BY SAHARAREPORTERS, NEW YORK: MAY 02, 2019

The District Court of the Hague has issued an interim ruling in favour of wives of Ogoni leaders killed in 1995 during the military era of Sani Abacha.

The case, which was instituted by four wives of the slain leaders — Esther Kiobel, Victoria Bera, Blessing Eawo and Charity Levula — accused Shell of being involved in the decision by the Nigerian government that led to the killing of their husbands.

The plaintiffs are also calling on the court to order Shell to hand over more than 100,000 internal documents crucial to the case. Shell’s lawyers have refused to do so, even though these documents were submitted as evidence in the US case.

Shell had said that the Dutch court lacked jurisdiction to hear the case, but the court ordered that the case must continue.

In its ruling on Wednesday, the court ordered that the case should not be time barred, while also granting the prayers of the plaintiffs that Shell should hand over the confidential internal documents to the plaintiffs’ lawyers, and that they would have the opportunity to examine witnesses.

Amnesty International, an international human rights organization, supported Kiobel’s legal team to bring the case to the Netherlands in 2017, and detailed Shell’s role in the arrests and executions in a briefing. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell to ship first cargo of LNG from Australia’s Prelude in Q2: CFO

London — Shell expects to ship its first LNG cargo from its Australian floating LNG production facility, Prelude in the second quarter, its CFO Jessica Uhl said Thursday.

Speaking after the release of its Q1 earnings, Uhl said the first LNG would follow the shipment of the first condensate cargo from Prelude last month.

Prelude FLNG is one of the most anticipated LNG projects in recent years due to its deployment as the world’s largest floating facility, though it has experienced delays due to unspecified production issues. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell beats profit expectations on strong trading, LNG

Ron Bousso: MAY 2, 2019

LONDON (Reuters) – Royal Dutch Shell reported on Thursday a small drop in first quarter profit to $5.4 billion, but still easily beat forecasts, helped by stronger trading and liquefied natural gas earnings.

Shell’s results outshone those of rivals Exxon Mobil, Chevron and BP which all saw sharp declines in profits in the first three months of the year as a result of lower refining margins and weaker crude and gas prices.

Shell shares were up 1.4 percent shortly after trading opened.

“Shell has made a strong start to 2019,” Chief Executive Officer Ben van Beurden said in a statement.

“Our integrated value chain enabled our Downstream business to deliver robust results despite challenging market conditions.” read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

UPDATE 1-Two Shell oil workers rescued after Nigeria Delta region kidnapping -police

By Tife Owolabi: Reuters

LAGOS, April 30 (Reuters) – Two Royal Dutch Shell oil workers who were kidnapped in Nigeria’s southern Niger Delta region last week have been rescued, a police spokesman and Shell Petroleum Development Company of Nigeria Limited (SPDC) said on Tuesday.

Kidnappings for ransom occur in much of Nigeria, Africa’s biggest oil producer, but are particularly prevalent in the Niger Delta which produces the majority of the country’s crude oil.

The pair were attacked in southern Rivers state last week while returning from an official trip to Bayelsa state. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

North Sea exploration pioneer wins fresh vote of confidence from Shell

By Mark Williamson: Group Business Correspondent

ROYAL Dutch Shell has underlined its faith in the exploration potential of the North Sea by buying in to a licence a relative minnow has been working on.

The oil and gas giant has exercised an option to acquire a stake in acreage containing a prospect it is thought could hold 290 billion cubic feet gas from Cluff Natural Resources.

Shell will pay $600,000 for the 50 per cent stake and has agreed to fund 75 per cent of the cost of drilling an exploration well, up to a maximum of $25 million. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
%d bloggers like this: